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<br /> 1.Raynscrt�.Batrowet agrees to maRo a9 paymants o� tho sacsued debt vrhen due. Uniess Bosrawar and LeMer 8grE4 oLA8nNi59. snY �.��•.,;.<<o-.,,?��
<br /> ° . ,.� ' psym¢nt9 tender tgceivp3 trom Barrowor ar for Bortowefs bBmsfd witl tr0 epPlted flrst to enY amounts Bonowar owact on tt�seaued Qa6t � °.
<br /> � <:< p�p}���p�p���,seeorM to irterest,aYfd ffierf to prinefpaf.If partia!preQayment of the 68CUfed debt oeetas tar aity reasan,ft vn'D
<br /> • �.��� � rrot radueo a►wc anX seh�duted payment until tho seaued detrt is P�d in fuU. , ,
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<br /> , 2.fRaima Q�nst��Ort�nib�ritl Q�}}ra0-�.�Cs�ssmeMa.and othar charges ettrffiuteLta to tRopropeny wtten Que end wi0 datend tttie .. ...
<br /> . to ths pia�s�csi etatms$ri�fS�aAt',�6i�atr�tten ot thi8 deed af trus�Lerfder may require Bonawer to asstgn anY�i9►+ts.daims or � � � .�
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<br /> �1 . �; �' defeasss wN N���in�7�ts aBQ�t;RPt�R$�� PN lahor or ma4etieis to impmve ar maiMatn tho OroDenY• •
<br /> _ , , 8.Gutua�ee.Barrowe�wf�'ceep th`e ptapatty Tri�iU'8a imQet terms seeept�le tn teader et Barrower's e�onse end im lenders 6enefiz AII .. . ��,�`+�
<br /> i�stnartco paL',ct�a sha!t inctude a slandard mat�ge dauss in favor of Lender.Lender vn71 be named as toss payee or as the tnsured on any sueh ' ��
<br /> : insuranee pci:ty.Any Instuanee pro�eaQS mey itea�tied.witNn Lender's dlscrert[on,�eiNer the restaraNan or repa�t of the damaSea proDertU . .
<br /> ', - . V. '� or m ttts setvued dobt.lt Larder�aqubas mortgage irm�sanee.Barrower agrees to ma�4ain sueh insuranoa to►as tong ae i.ender requires. ' , , .�x. �
<br /> �� 0.Vea�srcy.Boaotver vn1!keep the progerty in good eond'iUon end maSce aU repairs reaaonaDry necessary. c.� .•-' ��
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<br /> . - r � 5.6�rtaos•Borro�ver egrees to CaN a!t Le�sdePs e�q+arues.inchiding reasonaAis atmrr.oys'feas.ii Bonower breai�s erry covenartte in this Qeed � � r,. .
<br /> � of ttusZ or tn eny obfigaUon soe�ed by M(s dsed of ueu�Barrower witi pay ffies9 amo�mts ta Londet as provided in Covenarrt 9 of th(a deed of
<br /> � trust. . _ ..
<br /> 8.Rt�S���6ftonlam.UNess Banower i6st abtains Lende�'s written consem,Borrower v�n'!!noe make or permit arry changas to arry prior
<br /> _ -L; � seauity i�eres�s.Horrower wili Perform 8If af 6osrowe�s ohiigations unrler enV OriDr moKge�{9,dead ot trust or other seciaity e�eemer�t. .-. ._�:; , •� ,
<br /> indn6�g Bnrtowefa covenanffi to maka RaVmeMs wiien Que.
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<br /> � 7.Aast ot Rmim�Pro&ts.Borrowat assigns m lender the rer�and prafrrs af tho praperty.Untess Bcrrower and Lertdar have a�eed ' .��:;. ' . --
<br /> � oth�wriNnQ.Bortawet rteay eoltset and retain the reMS as to�es Bormwer ia not�n deTeult.H Bortower def�ts.Lendar.LenAm's •.:°s'.
<br /> aSent.m a co�t appo'mted reeelver ma tshe possession and manage tAe property eM ooRact the tents.My re�ts lende►coQacts sd�a1!6o L � =;' � :.x_
<br /> . ' ' apyGeA first to tho eosts of ma�PraDertY.indedmg eonrt eosts and atmmetls'fees. eommissions to►er�l age�ms,anA sm�ottw�r ' �`;r.;., ;_
<br /> necessmV�afamd e�enses.TAe re amowrt of re�wiU then aDPN m Cel�ents on the seaaed deDt as provided in CoveneM t. .',_,:�;;..
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<br /> - . , : .�: ' 8.Ltaseho�s:Candmnirdum�Flasmad Uidt(Jmv�a�.8orrowa ag�ees w� comply with ihe{�ovtsnons of any tease'rf tl¢s dQed of trust is an r��i f, y -T
<br /> e teasoAold.If ttti.s de�d af oust is on a us3t in a eondomliWun or a pfannea unit davetopmesR,BoRawer xrill psrfmm et!at Ba�rower'e Qudes T ,•�}
<br /> . rmdm tAB eovenar+ts.bY-taws.or r¢gida�oas ot the condortanium�r ptarmsd unit davetopment. +���;•�.�;�
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<br /> ,i 9 AutlmrEt�af dm�der Lo 9omfarm far Baaa�tf Bartawer taits toD erfarm any af Bar�amcers du�es anQer this deed of uust,Lendet may f ; -
<br /> .. � • �-', R�farm ttre dnaes ar ca►�se tliem to�perfa�eA:lsader may sign Borto�v�r's nams� er Ray any amoimt if nseessary tor pertartnanco_It arry ~ ��` --
<br /> eaasbucti�an tRo property is dtsco�trncad ar not exRied an tn a reasonatr.e manner.Lertder may Eo whataver is neeessary to protect�defs ,��--
<br /> ' .. � , s e q u i q r i rt t e m s t i n t t re D r a G c�e r q f.T N s m a y t n s l u d e e o m p t e tl n g t h e C o n s U U C ti a n. � .,�';"�
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<br /> �---•- - - � - LesrQes's ta3ue to pertorm v+n71 not prechide Lende►irom enardsin8 eny of its other dgha�urtdai ths Iaw or this Qeed o1 trusY. � , '..:��.�:. .
<br /> ' 'F.�< /�y amou�ts paid by Lender to protect Lendar's sewriry interest will ba seaized C1r�is Qeed of trust.Such amounis will be Que an�enfand n , r��^-.
<br /> " . end will bea�erest fram ths date of tlte p�ymert uM�7 pafid in fu0 et the�t rate in effect on tAe sewred QebL �, � �-
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<br /> , ,. `•:<• 10.Qotmdi anA Ae�ueSm�.It 8oaower ftu'Is m mako anY Paymerrt xct�en due m breaks any covananta undor this dee4 of uus¢ac any �;`�•a�r
<br />., .�,T .:.. _ .:�,�� oE1�atIon seuaed DV tNs deed o!vust ar ar►y prtor mortgage or deed of trust. Lender may aaelarate tRs maRnity af the sec�rred�d5t araf ;.,.���--�-__
<br /> . . . d�nend irtanediate peymert end may inwJoe the power of eale and eny other rer�ed,ea Qermitted by appttca6le Iaw.
<br /> . • 11.Reauaa!tar Ha6ee of Oofe�R is here6y re�uested that copies of ffie nntices of d�azid sate be seM to each��an who is a pany 'x��, Y
<br /> , ` hmeto.et the ad�ess of eacfi sucA persoR,aS set forth herein. _.`"+�.yr��T�ff,••a{
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<br /> '�`:t; 12.I'oarm�ot Sas.If fhe Lender imra'res tRo�swer af satg.ths Trustee sh�,1 first rec�d in the office at she registar af Eee�of ez�eounty . r�,,u;��t -
<br /> .- ,;�� wherein tho uust proDeR1►or same part ac parcd thereof ts aihreted a notice uf de(auh earrtaltUng Ne�mta�fe�uites by law.7'tt�'�mstee ` zp -
<br /> ��; ��, ahatl atso ma�coptes of tlfo noUee ot dtftafd�fa t�e Barrowet,to eaeh Ge.�s wlfo is a pariy[wrew:a�,a so otha►vnrsorq asp�a�i7�a ay �`
<br /> apDQeab`8 law. Noi less Man osrs masvh a4ir�•�:a Trustee records the r�7.va at defa ar tvio mornhs If the wat property ia rurt�in ar�y
<br /> '�- • ' � : inCOtpOrated City or vi[lago and is�rtsd FreS��i�aperatlans carried on by ths trusror,ths��ustee ahnU give publie rtotiee of sate to tha�ersans . .i::'
<br /> and in ttis mannes prescritrc3eD �ppSicable taw.Trustse,without demand on Barrower.shai!se0 tRu proporty at publie auction to the highest '" �''`?`
<br /> •'"'"'' � pereta eales as�e4uhe4 6Y eDOnca6le taw. �"�'"
<br /> ,.`;�,�,�f : • .,�'i: btddc�.(t reputred by the Fi-s�+ snestea0 Prote c t lon Aet.Tnistee aha110�the Oroperh tn two se - ��-:_
<br /> : � tT,a�d e H miatsY d�ee malr O�e UQ3�oPe►ty►at�an�sel D e Y b N P u b ll c a r�m u n c e m e rt t a t t h e tl m e a n d P 1 a c e o t a m r p r e v l a a s t Y s c fi e d u l e d e a l o. . :. �
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<br /> — .' -' tlp�st[a�t at p.-,�ma�t of iha priCG b:�Ttt...�e sha(1 Qefn►ei to Me parchaser Ttustee's Qeed wrtveytn�the progerty.The reatl�s�ud in. .,, �,
<br /> Tnratee s deed shall be pfima faete ev(d:etxra c�the uuth of the stateme�contained therein.Tn�stee shall apAN the procaeQs ot the sale(n the ;;•, .��°
<br /> • toIIa�vfiB ordar: (a�ta aU e�er,sr�es of tk�sate, ineta�,Gt,but not IimiteQ�, reasonabte Tnistee's teos. �easonabto attoma�/s tees and , . :• '�'ui6�1�-
<br /> . . reinstatemem tees;(b)to all acnc�r secus�id b y fiis deed cf tt�u�and(a)tho bolance.H any,w the persona Ie g a l t y entltlad to receive it. ' ' �'��
<br /> � � , '� 19.Fare�taauo.At Lendar's o un,tt+fa dum!'of trust R.��•Ian C�arectosed in the manner provide by appAcabte law t0�toreetosure ot mo �• ��".��"'�
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<br /> L � t,�,,�L_.; t4.�pp�p� lender may ertter the pro�.y m inspecl k if Lender gi�Eorrower rtotice beforehau:'. •+�te noUce must etate ths reasona6ls �'•
<br /> _ • ��;�; eeus9 for Len6ur's insp0ction. .a"� .. :n.r__.
<br /> ; � �;.;:. LG.Ccm6mmmtIm�.Bartowes ass w tender the proceeds of eny award or ctaim far danages wnneaced wlti�e oondemnatlon or athet tatcing �.� _-
<br /> �� , cd a0 0�etry paR oi tho pra.pmty�ud�proeeeds w111 be apDheO ss provldsd in Covonart i.This asstgnmaM is subjact to the torms of arry priar " � ,-. � _ -
<br /> � . , sewrity egrcCmtmt. .` t�
<br /> s `7�'�t ; 10.Watv�BtT aaercisirtg any rema avxitgpfe to lender,Lender daes�ast�uD any rlgMs to Iater use a�r other remedy.By not exe[clsi� � ' `���.> '� ,:
<br /> .,. , . ar►y remr�idy��a�eonowers Ceia�at��det Qoes not walve any ttght aa I�a eonsidet the evertt e Qefeuft if R heppen9 agaln. . ��._
<br /> � � .. 97.J�rit end 8tsveral�y�y;Coai�vna: Saecassme m�d A$slg+m 8aund.ALI QuUes under tN9 deed o1 trust ato lolnt and savetal.Atry �',;.,- _ _ ^
<br /> � - 2ortowar wtio co-slgns thts dead o!mrit•but daoa not ca��n tho underty1n de6t fistrumem(a) dees so anty ta grant and eonvey tAat � -
<br /> • • Bmrower's Mterest In the�perty to tno TrusteB urtdet tha�rms o!thts deeQ o�ausr. tn addlUon sucfi a Bartovrer�.grmms that tAe Len4er and '
<br /> othct Botrowet unde►tt;is 6eed o9 trun mey extend,m�ar make arry other e���in t�e terms af tNs 6am��Y trust or the sewred
<br /> � . ' d�wtthaut t[+at BoRawe�a cor�e�arrd vs'rtMut reteasfig that Bormwar from the tertns oi thts deed ot Crw-� :���s,� � ="^-
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<br /> . ' Tho QWos ar.d Oonoflt�of thta aaed o!Vu�t ahe1101nd and benetii the sucosssors and asaign9 0!lenler'mscf F.t,urower. , �„• zs:�i';��,.�`'�#r�,
<br /> � " ' �� ` 18.RoBev.Untoss otharwl�e requtred by law,any noUee w 6orrowor shalt bo given by deIlvoring it or by rttaiUng it by caAified ma31 sAQressod to ��
<br /> �.:; `• BauroweT et tho propmtv adcL�tss a ant other aQ�ess that Borrower has ahren m LertG.er.8urrower w111 give eny rtaUco to Londer by certified .i�,��� l...
<br /> _;„,, mAd to Lertda�a adQtsss oee pags 1 0!thfa Aee�oi ttust,ot to arry other adtnsa wNcA Ctr.,htr has Qesignated.My other naUce to Lsnder shal!
<br />"" : . `�' i bo serR w LenCafa edQreso�steted an p�ge 1 of tAia Qeed o}trust. :" '�`'``�'�
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<br /> - ' ';','. : Atty noUoa ctro(E Ce Qeemed�o haw boen�ren to Horrower or Lander when�t►�n In tho mannnr ateted ahove. � . . �.
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<br /> -- �:;i�:'r�; t 19.TrentEra¢i+t4ta Praperiq or a EumY�sla!Nmrast In tho Barowar.H aC or any pmt of tho proDerN ar any Intareat In it is eotd or tranafeRed ' �
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<br /> �.s' ' wfthout LenQe�'a prlor miitan eonaenZ lende► may demnnd immoditrte paymont of the aeeured debt. Landdr muy etso domand imma0)ate •, <<���,��, . - .
<br /> :�:.,.., . ' ,��� CaymEnt it�n Bortowar ts rtot a naturalporson and a bfr.�aHcial Intarest in tho Borrower is sotd o►transfetred.ebswsvet, Lnndo►moy not ��-��r. �.:-, .
<br /> � Gomand payr�ont in ttfe abave�ci:cuiUans if rt is prohihited tru,�€a�mal taw as at tho date of thls deed ot trus� ,}�,.;::�'�
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<br /> � �1.RGeol�l:tiro��ev.When ttro obligaUon seeured bY thls Qeed of trust Aas Oaan pald and Lender has no further ohGgatlon to meke advertces r;1 .
<br />. . undot the is�u�r:ertt9 0►agreemems sacured Oy th�s deea of trust,the Trustee shalt upon�+nitten repuest bv the LenQer.reeonvey ffie trust f;.:° •�
<br /> . property.T'[�e�e�shall deliver to the Bortower,ar to Borrower's successar in iMerest tho truot Qoab end the note or otAer evldence of the ���;t5�:,;�� •
<br /> - . obffpaUon so sa"ic:�.ed.Barrowar shall pay any racardatlon costs. .
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<br />,,�;:jt r � . � Y1.Su�ooasar T�uatua. Lender, at lendar's opUon, mey remove Trustee and ap oint u suucossor vustee by flrat, mailing a copy of the ' • �
<br /> � ' subatituUan of trustoo as raquUed Dy apyficabta faw,and thfln,tiy titing tho sub�n c4 tnttstee t0�record In the offiee qf the reglster ot Qeeds � .
<br /> , ot eaeh ccumy 1n whiah tho trust pmperty,or some pmrt tRareof,is situated.Ths sueeessor trusteo,wlthaue eonveyane9 0!the propCtty,6he11 �
<br /> __ � , sucaeed to ah tho power.Quttes,auNarity and tiUe of the Trustee named in th9 dned o!trus!and oS eny sueeossar trusteo.
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<br /> _ - ' � BpfM6[98YSTEMS.WC..ST.CtOUD.MN 66301 It-gppdD7�411 FOiW 000.YT(iNP 8�199/ � • • .
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